As expected, the Trump uranium task force recommended domestic uranium purchasing and sent energy fuels and peers up 15-20%.
There is a new uranium ETF called URNM that offers a more pure-play on uranium miners compared to URA.
Comparing the two, URA has lower risk since it has many non-uranium mining holdings which generate greater cash flows.
While it is riskier, URNM is likely to offer much higher returns with a rally in the price of uranium.
If you stay prudent and limit URNM's position size and offset with high cash flow investments, URNM is a better pick.